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20130118
20130118
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Search Results 0 to 24 of about 25 (some duplicates have been removed)
FOX News
Jan 18, 2013 3:00pm PST
majority leader harry reid says if the house pass a clean debt ceiling incress, the senate will be happy to consider it. jay carney at the white house called for passing a clean debt limit deal without delay. leading republicans are saying without a budget that includes a real plan to reduce the deficit, the nation faces the threat of a credit downgrade. bret? >> bret: mike, thank you. sticking with the tet and deficit issues, lawmakers on both sides of the aisle are talking about what to do in a worse case scenario. the government not having enough money to pay its bills. chief political correspondent carl cameron reports on a possible short-term solution that is getting a long look by some people. >> with the white house refusing to negotiate spending cuts and the democrat controlled senate unlikely to pass a budget as part of a long-term deal to raise the tet ceiling, pat toomey of pennsylvania is reintroducing legislation he says will avert the u.s. from defaulting on the debt. >> we must prioritize three categories of payments. one would be debt service, interest on the debt so we w
FOX Business
Jan 18, 2013 1:00pm EST
. senator obama voted against the debt ceiling increase. if we have this credit downgrade, and we had a credit downgrade, as you know, last august. we have to take this off the table for the good of the country. ashley: some conservatives would say, look, you have to talk about spending cuts. that aside, you would agree, would you not, there needs to be some entitlement reform, we need to cut back on spending. >> i think we do. the big challenge is healthcare. healthcare and the economy is causing much more than it should. that is a big expenditure for the government. it is a big expenditure for individuals and businesses that provide health care. there is a need to come to terms with the growing cost of healthcare that is beyond our ability to sustain. do we form the payment system? do we make the system more efficient russia mark do we just impose the cost on seniors? ashley: thank you so much for joining us. really appreciate it. >> thank you. melissa: raising forecasts for oil demand this year. the economy revving up in the fourth quarter. phil flynn of price futures group is in t
MSNBC
Jan 18, 2013 11:00am PST
they have proposed is taking the battle away from the debt ceiling and moving it to having the senate duke it out over the budget process. of course, this means we will have another budget fiscal fight ahead but instead of it being over the debt ceiling, which a default would have been cataclysmic for the government or a government shutdown, this is an ability to be over the terrain of the budget process, normal give and take between the house, the senate, the white house coming in. and a probably more functional way to reduce spending and also get the fiscal house in order rather than having it attached to the debt ceiling fight. >> thank you very much, mark. see you in d.c. for the inauguration. and have a great weekend, buddy. >> you, too. >>> up next from manti te'o's high hopes to lance armstrong admitting he's lied to us for years, should the scandals mat tore the men and women in washington? why they say d.c. lawmakers should be concerned about those two stories. at 1:45, the aflac duck was brought in with multiple lacerations to the wing and a fractured beak. surgery was successful
FOX Business
Jan 18, 2013 4:00pm EST
month debt ceiling increase and debt ceiling increase is contingent on the house and senate passing a budget. the senate hasn't actually passed a budget in years. the bill also withholds congressional pay without congress passing a budget. the one problem with this for a number of republicans, there really are no other spending cuts in this. remember the boehner rule dubbed the boehner rule says any increase in the debt ceiling must correspond to equal amounts in spending cuts. >> not quite the same reaction from house minority leader nancy pelosi saying: >> so the republicans are taking the debt ceiling debate moving it off a few months perhaps take place in april or may so they can focus on the automatic spending cuts set to hit the budget at the end of february those are known as sequester and also government discretionary spending authority that runs out in march. plenty of budget fights and it looks like we will be having them just about every couple of months all the way through the spring. david: as long as you are in williams burg virginia what do you care? it is a lovely pl
FOX Business
Jan 18, 2013 11:00am EST
. for years they have failed to pass a budget, and so the debt ceiling would not increase unless the senate and house passed a budget. also, the bill would include language that if congress does not pass the budget, members, greshamission members were not a paycheck. if not, congress does not get paid. thank you. cheryl: thank you very much. over to you for breaking news. dennis: dow jones report in the u.s. negotiate hostage swaps with terrace. cbs is reporting one american hostage is dead, four others have survived in the algeria crisis over there. cheryl: every 15 minutes, of course stocks now and nicole petallides standing by at the new york stock exchange. i was watching the breaking news came, but not a big reaction from traders. why? nicole: they watch every headline, you're not really seeing a reaction from that particular headline. some of the names i pulled up, these are today's movers, caterpillar, dupont, mcdonald's, verizon, some of your best performers in the dow jones industrials of course general electric has been a good one helping things along. i also wanted to look at som
CBS
Jan 18, 2013 4:30am PST
. >>> on capitol hill, some top republican leaders are considering a short-term increase of the debt ceiling. >> house budget committee chairman paul ryan says they are weighing the benefits of an extension as a way to get the senate and white house engaged in future conversations. president obama as warned that if congress doesn't raise the debt ceiling the economy could crash and there could be delays for social security checks and veterans benefits. >>> university of california leaders say tuition hikes can be avoided this fall if the system gets the funding increase proposed in governor brown's budget plan. the quarter billion-dollar increase is less than that what the uc system had hoped. but it's a turnaround from years of budget cuts. the extra funding is due in part to proposition 30, the tax measure approved by california voters in november. >>> 55,000 local students will have the same class plan for part of today lessons on digital media safety. commonsense media is teaming up with the san francisco unified school district for the program. it wil
FOX Business
Jan 18, 2013 6:00pm EST
. gerri: what do you think? should they use the debt ceiling? >> ultimately, short. two tools that are very real and very powerful coming up. obama has tried to demonize the debt ceiling. okay. set it back with a condition. okay democrats in the senate. you have not passed a budget in three years. the reason why the democrats have control of the senate is that harry reid has said democratic senators in the witness protection program with ever -- whenever budget issues come up. twenty democrats are up for election in 2014. half of them should not be coming back of the continue to vote with obama on tax and spend crazy debt policies which is what they have been doing. i think it is very important for the american people to see what the senate has not done and to force them to act but that. gerri: you sure can't act -- argue with that. the senate has not passed a budget and 1,361 days. let me get a comment. it would stop pay to members of congress if they don't do some of these things, if they don't get a budget resolution. you in favor of that? >> i think it's a good idea for tw
FOX News
Jan 18, 2013 8:00am PST
boehner, they have a plan when it comes to the debt ceiling. they will pass a debt ceiling, the gop will pass a debt ceiling extension for the next several months, in exchange for something to happen in the senate. what they want to have happen in the senate is the senate to pass a budget. as you might know as well, the senate has not passed a budget in several years time. so that is what that, this is negotiating point. the house says they will go ahead and do this. they will extend our debt limit, our credit limit, if you will in exchange for seeing a budget passed in the senate. now it is worth noting as you might know, charles krauthamer comes out with an editorial every week in the "washington post" and he actually wrote about this idea today in his editorial saying almost exactly the same thing. i'm going to read this part to you. the more prudent course, he is talking about the debt ceiling debate, would be to find an offer that can not be refused of the short-term tradeoff utterly unasailable and straightforward. for example, charles krauthamer writes, say, extend the debt c
Current
Jan 18, 2013 3:00pm PST
at that point we'll deal with the debt ceiling. so it was a way to put some pressure on mitch mcconnell. but mitch mcconnell seems to think that okay we'll pass a budget in the senate and then use that as possible leverage with the republicans in the house who might hold up the debt ceiling. >> michael: that makes perfect sense that that is what they are trying to do it is really just passing the buck. the white house held a firm line on saying we're not going to negotiate at all on this debt ceiling, and it worked. do you think this is a lesson that may carry for four years, when they see themselves posturing this way rather than what they have done on other issues? do you think this might be contagious within the white house? >> remember bill clinton and what the definition of is, is. with barack obama it's sort of what the definition of negotiation is. they will deal with the debt ceiling, and that's when you will have very active negotiations over the budget. what the house has effectively done is put this on a similar path, a similar timetable as the
FOX
Jan 18, 2013 6:00am EST
are -&consid extension to the debt ceiling t. are weighinggthe eeefits of an extensioo as a ay o get the senate and white house engaggd in future limmt wouud haveeto include 3-3 spending cuts..ouisiana rrpresentattve john fleming says most memmers are waiting poollbehinddthis decisiin is g 3 to keep thh momentum for reaching a broader eal going. prrsident obama took a break from being leader a date night with the ffrst lady. mrs. obama &pcelebrated her 49-th bbrthday peeterday where she dined tt caaeemilano..... an upscalee italiannrestaurrnt in georgetown. the birthdaa girl was also sporting a newwhair styll for her big day. coming up... you can't go wrong... with jewe. jewelry.the half off gift card beiig ffered by a local yyu'reewatching fox 455morning &pws.. all local.. all -3 ((break 5)) a prospeccor in australia strikes gold.....literally. he put his state of the art metal detector to good uss and found and a √°twelve√° pound gold nnggee.....worth about 295- thousand-dollars. the man wants to stay nonyyous...and plans to sell the gold off tt the igh
CBS
Jan 18, 2013 6:30pm EST
the debt ceiling for three months until april 15. but there's a catch: they say within that time the senate and the house must pass budgets outlining their spending priorities for the year. now, that may not sound very difficult, but as republicans like to point out, senate democrats haven't passed a budget since 2009 and republicans say if they don't do so by april 15 then all members of congress should stop getting paid. >> pelley: but, nancy, why would the republicans abandon their demand for dollar-for-dollar spending cuts in exchange for raising the limit? >> well, in part they were worried about getting the blame if there was a default. this way they shift the burden to senate democrats to come up with a budget and they can still call for more spending cuts in three months when this comes up again. in the meantime, everyone gets a bit of breathing room which is why the white house may not have shot down the plan today-- even though they, of course, prefer a long-term extension of the debt ceiling, not just three months. >> pelley: nancy, thanks. president obama is about to begin his s
MSNBC
Jan 18, 2013 1:00pm PST
finally announced a debt ceiling plan. kick the can again. this time for three months. in an efforts to put pressure on the senate to do something instead. that's the whole, it wasn't me, i guess, strategy. of course, that means another debt ceiling debate is just three months away. joining us now, bill cohen, a columnist at bloomberg view and by phone we have nbc's luke russert in williamsburg, virginia, covering the house republicans. welcome to both of you. >> thank you, karen. >> luke, i want to start with you. republicans are calling it a plan, democratic leader nancy pelosi call it is a gimmick. it sounds more like -- i mean, my read initially was this is more like political posturing rather than a serious deal. what are you hearing down there? >> well, it certainly is something that's meant to try and force the senate to act. you know, the senate has not passed a suggest in over 1,300 days and that's a popular rallying cry of the house gop. but what came out of this retreat was the idea instilled in members that it's probably not beneficial with the republican brand so damaged
CNBC
Jan 18, 2013 9:00am EST
said, we will raise the debt ceiling. he doesn't say may. he says we will. of course he is in the senate. we're not going to default on our debt. both of these gentlemen are on the right track. i personally think in my emotional state i might not have wanted to increase the debt ceiling but i think politics of course we can't be naive. the president has a very big platform for his strategy. he has the bully pulpit. and i think that some media are calling this a retreat on the debt ceiling. to me the only retreat in the equation is williamsburg, virginia. but i do think that now we can concentrate on what andy brenner and i were talking about yesterday and that is march 1st the sequester. march 27th the continuing resolution because we haven't seen both houses pass a budget and i think these issues are much easier to extract from the democrats/the white house because the short-term bumps are going to put a lot of pressure and lot of press in my opinion on the main issue and the main issue is whether you're republican or conservative or democrat, it certainly seems like th
CBS
Jan 18, 2013 5:00am PST
. >>> some top republicans in congress are considering a short-term increase of the debt ceiling. house budget committee chairman paul ryan says they are wag the benefits of an extension as a way to get the senate and white house engaged in future conversations. the president has warned that if congress does not raise the debt ceiling the economy could crash and there could be delays for social security checks and veterans' benefits. >>> things that men will do to i am privilege women. an aussie free diver says he got into the sport to win over a few girls at the public to impress women. he won more than the girls. the 32-year-old is making a nam for himself in diving. he can actually hold his breath under water for 6 minutes and 40 seconds. he is a champion in the second most dangerous sport in the world and he credits the peretti local girls he pretty local girls he met. >> he challenged them at the bar. >> he became an australian champion. >> he was on "60 minutes." he drops down over 200 feet. >> good luck. >>> 5:19. coming up, hear why the key t
NBC
Jan 18, 2013 6:30pm EST
in this coming fight over the debt ceiling. in a big shift today, house republicans said they will vote to lift the limit for three months, but on the condition that the senate passes a budget. wall street liked this idea. the dow finished up almost 54 points to hit its highest closing level since december 10th of '07. nasdaq finished with a small loss. s&p 500 was up 5 points. also at five-year highs. >>> in washington tonight, it's starting to feel like a city that's about to host an inauguration. for the 57th time in the history of our republic, and host hundreds of thousands of people on a cold monday in january. our white house correspondent, peter alexander, is in lafayette park across from the white house, in front of the reviewing constant tonight. peter, good evening. >> reporter: brian, good evening to you. those are the best seats in the house, for a variety of reasons, including the fact they have heat. that's where the president and the first family will be watching monday's parade. the second obama inaugural is expected to draw roughly a third of the nearly 2 million people who ca
WETA
Jan 18, 2013 6:30pm EST
on the debt ceiling: a three month increase in the federal borrowing limit. it's expected to come to the house floor next week, but it comes with strings attached. the proposal includes a condition that house and senate lawmakers pass a budget blueprint for the coming year or go without pay. house majority leader eric cantor said it's simple.congss congress shouldn't be paid for failing to do its job. 't >> tom: next week 80 companies are scheduled to turn in their latest quarterly financial report cards. but rather than the short-term focus on the bottom line, our next guest thinks businesses need to consider all stakeholders, not just shareholders. john mackey is the co-founder and co-c.e.o. of whole foods market. he's author of "conscious capitalism: liberating the heroic spirit of business". john, why is concentrating on shareholders a myth as you call it? >> i don't know if concentrating on shareholders is a myth. i mean, most companies do concentrate on their shareholders. it's just not the best business strategy. because you have an interdependent stakeholder system where you need to cr
CSPAN
Jan 17, 2013 8:00pm EST
ranks. but i think the main obstacle to resolving the debt ceiling crisis and moving on is, are the tensions within the republican conference to some exat the present--ings tent and the senate on republican side. i said this with some caution, there has been in a sense a radicalization of the republican conference in the house. and i think that the results of that were shown in the difficulty that the speaker had in the last few weeks. .. >> the american people agree with that, and the american people basically say there has to be balance. the american people basically say, said in terms of income inequality in this country that we were out of kilter. now, just closing with this. i urge everybody to look at what's happened to income growth in this country in the last 30 years. i represent a district that is very, basically blue collar. they now change it because of redistricting so now there's a higher income iningredient. i represent mostly comb county. it was reagan democrat, as it was called, territory, maybe the first, and i think if you talk to people within the county
CSPAN
Jan 18, 2013 1:00am EST
the sequestered, the debt ceiling, and you have the continuing resolution. the sequestered and debt ceiling fall on top of each other towards the end of february. these to say and republican leadership and the senate, which is served in for 12 years, you never take a hostage you cannot shoot. the problem with the house was they took hostage the cannot shoot when they took the fiscal cliff. if the republican members of congress take the debt ceiling as a hostage, it is a hostage you cannot shoot. as a very practical matter, if we go over the debt ceiling, we do not increase the debt ceiling, republicans will not win the debate. they will argue they are not increasing it because they do not want to control spending but they will not win the debate. what will happen is the white house will pay with cash flow of the interest on the debt. the debt will not be called. what they might not pay our social security checks. the moment the american citizen figures out they may not go out, the game is over. tenfold. because believe me, though congress can stand up to the senior lobby. so that is not a legiti
CNN
Jan 18, 2013 1:00pm PST
, the leadership at least says what they are going to try to pass next week would raise the debt ceiling for three months but with a condition. and that would be that the house and senate pass budgets. it may seem simple but house republicans like to point out that they haven't passed a budget in years. we already saw a carefully worded statement welcoming the gop move but also making clear he doesn't want conditions on it. sources say they are not really sure how it's going to play out but so farther playing along. the white house is softening its hard line, too. jay carney said that he is, quote, encouraged. >> let's see how encouraging it all becomes. thanks so much for that, dana. >>> as a tense hostage situation unfolds in algeria, serious questions about how or whether to negotiate with terrorists continuing right now. we're going to get some insight and analysis. plus, seven cities, four states, 100 federal offices and cnn is there as an alleged sex slave network is busted. our exclusive report. that's next. [ ryon ] eating shrimp at red lobster is a fantastic experience. 30 shrimp for $11.
Search Results 0 to 24 of about 25 (some duplicates have been removed)